#208 Tax Strategies for Freelance Marketing Assistants with CPA Kimberly Tara

Unicorns Unite: The Freelance Digital Marketing Virtual Assistant Community

Pay less in taxes and keep more money in your pocket. In this episode, we’re taking the next step by thinking about options with your finances and empowering yourself because taxes shouldn’t scare you.

My guest is CPA Kimberly Tara. She’s a wife, a mom to four little kids, and a multi-passionate entrepreneur. As a tax strategist and business growth advisor, Kimberly and her team partner with CEO mom service providers to maximize revenue, reduce taxes, build wealth, and create a legacy. She's also the host of the “CEO Moms Building a Wealth” podcast where she provides tax strategy for female service providers.

Listen to learn more about

• the importance of considering an S Corporation election
• disadvantages of self-employment tax
• unique challenges of balancing family life while growing a business
• the necessity of solid systems and processes
• societal pressures of "having it all"

I really want you to be able to reduce your tax expenses and improve the amount of money going to your bank account. Tune in to learn how to apply Kimberly’s advice and know what's possible for your business as you grow.

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Links mentioned in the Show:

• Find out what type of tax support is right for you with Kimberly's Tax Support Navigator
• It's sad how many tax professionals out there aren't giving you the full scoop on what it really means to be an S Corp. That's why Kimberly is sharing the most important details in this (free!) private podcast series: S Corp Success Secrets Private Podcast
• Episode #195: Understanding Business Finance as a Virtual Assistant with Pam Prior
• Episode #196: Bookkeeping for Virtual Assistant Businesses with Serena Shoup
• Episode #202: Six Ways to Make Six Figures as a Virtual Assistant
• Episode #198: Freelancer Story: Virtual Assistant to 6-Figure Agency Owner with Heidi Schmidt

Connect with Kimberly

• Instagram: @kimberlytaracpa
• Facebook: Kimberly Tara
• Website: https://www.taracpafirm.com
• Podcast: CEO Moms Building Wealth: Tax Strategy for Female Service Providers
• Freebie: 12 Tax Deductions You're Missing (that are costing you money) Making sure you're not missing deductions in your business is one of the easiest ways to stop overpaying in taxes. This list is the most common missed deductions for service providers!

Connect with Emily:

• Facebook Community: Emily’s Unicorn Digital Marketing Assistant Lab
• Instagram: @emilyreaganpr
• Facebook: @emilyreaganpr

3 ways we can work together:

1. Get on the waitlist for the Live Unicorn Digital Marketing Assistant School. My signature course on digital marketing implementation will give you the confidence and teach you HOW to do the work that’s in demand and highly marketable. This is the secret weapon to getting booked out. Or get started now with the Self-Study version of UDMA School here.
2. Got the skills but need help getting your digital marketing services business to take off? I’ve got an advanced tight-knit referral and networking community that can help and I would love for you to apply here for the Digital Marketing Workgroup. You’ll get the latest updates and trainings, networking opps and job leads from online business owners who are looking to hire digital marketing implementers and assistants.
3. Looking for a fast way to get your foot in the door with up-to-date skills? Take my 2-hour Quickstart to Facebook Community Management workshop and learn how to help online business owners like course creators and membership site owners manage and engage their community

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